How to Work With and Lead People Not Like You: Practical Solutions for...
The people you work with may be from a different generation, different culture, different race, different gender, or just a different philosophy toward work and life in general, but you need to work...
View ArticleAICPA Professional Standards, 2017, Set
To help apply the standards in specific circumstances, standards and related interpretations are arranged by subject with amendments noted, superseded portions deleted, and conforming changes...
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David Allen Green on Twitter
This by Lord Kerr in the House of Lords on Brexit last night is worth a very close read. (ht a commenter at @FT)https://t.co/9bQdUdgHmNâ¦
View ArticleRemarks of CFTC Chairman J. Christopher Giancarlo before the Eurofi Financial...
Remarks of CFTC Chairman J. Christopher Giancarlo before the Eurofi Financial Forum
View ArticleDefault Risk, Sectoral Reallocation, and Persistent Recessions -- by Cristina...
Sovereign debt crises are associated with large and persistent declines in economic activity, disproportionately so for nontradable sectors. This paper documents this pattern using Spanish data and...
View ArticleToo Much of a Good Thing? Exporters, Multiproduct Firms and Labor Market...
International trade is primarily conducted by large, multiproduct firms (MPFs) that pay above average wages and exhibit high productivity. In this paper we show that if firms can invest in management...
View ArticleThe Economic Implications of Housing Supply -- by Edward Glaeser, Joseph Gyourko
In this essay, we review the basic economics of housing supply and the functioning of US housing markets to better understand the distribution of home prices, household wealth and the spatial...
View ArticleAre CEOs Different? Characteristics of Top Managers -- by Steven N. Kaplan,...
We use a dataset of over 2,600 executive assessments to study thirty individual characteristics of candidates for top executive positions - CEO, CFO, COO and others. We classify the thirty candidate...
View ArticleOptimal Financing for R&D-Intensive Firms -- by Richard T. Thakor, Andrew...
We develop a theory of optimal financing for R&D-intensive firms that uses their unique features--large capital outlays, long gestation periods, high upside, and low probabilities of R&D...
View ArticleNegative Bubbles: What Happens After a Crash -- by William N. Goetzmann,...
We study crashes using data from 101 global stock markets from 1698 to 2015. Extremely large, annual stock market declines are typically followed by positive returns. This is not true for smaller...
View ArticleHow Efficient is Dynamic Competition? The Case of Price as Investment -- by...
We study industries where the price that a firm sets serves as an investment into lower cost or higher demand. We assess the welfare implications of the ensuing competition for the market using...
View ArticleDeposit Insurance and Depositor Monitoring: Quasi-Experimental Evidence from...
In the Banking Acts of 1933 and 1935, the United States created the Federal Deposit Insurance Corporation, which ensured deposits in commercial banks up to $5,000. Congress capped the size of insured...
View ArticleEthnic Differences in Demographic Behavior in the United States: What Can We...
This paper looks at the fertility and mortality experience of racial and ethnic groups in the United States from the early 20th century to the present. The first part consist of a description and...
View ArticleWeighting for External Validity -- by Isaiah Andrews, Emily Oster
External validity is a fundamental challenge in treatment effect estimation. Even when researchers credibly identify average treatment effects - for example through randomized experiments - the results...
View ArticleTwo Great Trade Collapses: The Interwar Period & Great Recession Compared...
In this paper, I offer some preliminary comparisons between the trade collapses of the Great Depression and Great Recession. The commodity composition of the two trade collapses was quite similar, but...
View ArticleAllocating Effort and Talent in Professional Labor Markets -- by Gadi...
In many professional service firms, new associates work long hours while competing in up-or-out promotion contests. Our model explores why these firms require young professionals to take on heavy...
View ArticleHow Segregated is Urban Consumption? -- by Donald R. Davis, Jonathan I....
We provide measures of ethnic and racial segregation in urban consumption. Using Yelp reviews, we estimate how spatial and social frictions influence restaurant visits within New York City. Transit...
View ArticleMarch Madness: NCAA Tournament Participation and College Alcohol Use -- by...
We examine the impact of the NCAA Men's Basketball Tournament on college students' drinking behavior using a nationally representative sample of American institutions. While success in intercollegiate...
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